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Hyundai to Launch Mega-Ships in April

Hyundai to Launch Mega-Ships in April

South Korean logistics major Hyundai Merchant Marine has announced that they will introduce the largest container vessels of the world in April.

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The Korean carrier is reportedly preparing to launch 12 24,000 TEU vessels from the Port of Busan, South Korea.

HMM is scheduled to start taking delivery of its twelve 24,000 TEU boxship newbuilds, the largest containerships in the world, in April, a company spokesperson confirmed to World Maritime News, hinting that the delivery schedule may be subject to change. The ships are undergoing final touches at the Korean shipyards Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering (DSME) and are scheduled to be deployed in the Far East-North Europe trade.

HMM will start its services as an official member of “The Alliance,” one of the three major shipping alliances in the world, on April 1, 2020, said the report. It will share loading space with other members of the alliance, including Hapag-Lloyd of Germany, ONE of Japan and Yangming of Taiwan.

HMM uses PSA HPNT Terminal (Wharf 4) of Busan New Port as its home port. The shipping company owns a 50-percent stake in the terminal. The rest of the alliance fleet handle containers at PNC Terminal (Wharf 2) of Busan New Port.

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